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Mishawaka, IN NNN Properties for Sale

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Freestanding Drive-Through Restaurant
Updated: Aug 9
Freestanding Drive-Through Restaurant

530 W McKinley Ave, Mishawaka, IN 46545

$2,376,733
4,115 sqft 1.00 AC lot
±4,115‑square‑foot freestanding Burger King restaurant with drive‑through
±1.00‑acre site remodeled in 2022
New 15‑year NNN lease with zero landlord responsibilities
Four (4) five‑year renewal options and 10% rent increases every five years
Lease guaranteed by Crown Hospitality Partners, Inc., a 36‑unit Burger King franchisee
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Freestanding Drive-Through Restaurant
Updated: Aug 8
Freestanding Drive-Through Restaurant

2801 Lincolnway E, Mishawaka, IN 46544

$2,096,633
3,780 sqft 1.50 AC lot
±3,780‑square‑foot freestanding restaurant with drive‑thru
Remodeled in 2019 on ±1.50 acres
New 15‑year NNN lease with zero landlord responsibilities
Four (4) five‑year renewal options
5.80% cap rate with scheduled 10% rent increases every five years
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NNN Ground Lease Property
NNN Ground Lease Property

5126 N Main St, Mishawaka, IN 46545

Contact for pricing
6,490 sqft

Corporate-guaranteed lease with scheduled increases and multiple renewal options.

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See hot listings in Mishawaka

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Mishawaka, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fine Dining Restaurant with Patio
Fine Dining Restaurant with Patio

320 E Colfax Ave, South Bend, IN 46617

$5,238,500
7,800 sqft

Fine dining setting with patio views toward the St. Joseph River and South Bend Museum of Art.

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Valvoline Absolute NNN Auto Shop
Valvoline Absolute NNN Auto Shop

219 E Ireland Rd, South Bend, IN 46614

$1,948,470
1,674 sqft

Newer construction auto shop on an absolute NNN lease with Valvoline, positioned across from major national retailers.

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Single-Tenant Net Leased Industrial Building
Single-Tenant Net Leased Industrial Building

804 West Lincoln Avenue, Goshen, IN 46526

Contact for pricing
14,236 sqft

Free-standing industrial property features a net lease with an expiration in November 2027 and a renewal option.

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NNN Specialty Investment with Lease
NNN Specialty Investment with Lease

804-808 W Lincoln Ave, Goshen, IN 46526

$675,000

NNN investment featuring a lease scheduled to expire in 2027 with a remaining one-year option period.

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Mishawaka, IN Nnn Properties Market Trends and Statistics

Explore 3 nnn properties for sale in Mishawaka, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,385 square feet of properties for sale, with an estimated market value of $4,473,366.

Sale prices for triple net lease properties in Mishawaka, IN start at $2,096,633, averaging $2,236,683, and reaching up to $2,376,733 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 58K
Population Growth (5Y) +3.1%
Median Household Income $56,959
College Educated 25.6%

High-Yield Neighborhoods for Investment

Identify Mishawaka submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46544 $2.1M
46545 $2.4M

Taxes & Financing

Tax Rate (average for all types) 2.61%
Property Tax per SF $45.22 per SF
Tax Rate vs County Average 0.12 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Joseph County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Mishawaka fall within the 100,000+ square foot range.

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